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Automating contracts and agreements using e-signatures can save time and increase efficiency. Using e-signatures can help complete agreements in less than a day in 80% of cases and less than 15 minutes in 50% of cases. This video demonstrates how to automate agreements and contracts using e-signatures, Google Workspace, and Portant in a few easy steps. The tool used in the tutorial is an app called Portant, which allows for quick and efficient automation of documents.